Data Breach Today

FEBRUARY 14, 2023

It has laundered almost $100 million in bitcoin from hacks by Lazarus Group, says blockchain analysis firm Elliptic. Sinbad' Is Likely Run by Operators of Blender and Links to the Same Digital Wallet A cryptocurrency service that North Korean hackers used to launder stolen funds and that was sanctioned by the U.S.

Blockchain 144

Blockchain IT 144

Data Matters

NOVEMBER 2, 2021

Given the growth of markets for cryptocurrencies and other blockchain-based assets, often referred to as “digital assets,” we see growing interest from traditional investment managers in gaining exposure to this emerging asset class. Article I: Digital Asset Overview and Methods to Gain Exposure to Digital Assets .

Blockchain 88

Blockchain Marketing Access Risk 88

Krebs on Security

AUGUST 13, 2021

“This service is dedicated to individuals that have the need to possess complete privacy on the blockchain, offering a perspective from the opponent’s point of view in order for the user to comprehend the possibility of his/her funds getting flagged down under autocratic illegal charges.”

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Blockchain Analytics Marketing Ransomware 295

DLA Piper Privacy Matters

OCTOBER 15, 2018

The French Data Protection Supervisory Authority (the CNIL) has recently published its initial thoughts on this topic, providing some responses and practical recommendations on how the usage of a blockchain may be compatible with GDPR and more generally Data Protection Law, taking into account the “constraints” imposed by such technology. .

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Blockchain GDPR Personal data Encryption 45

Hunton Privacy

OCTOBER 2, 2018

Recently, the French Data Protection Authority (“CNIL”) published its initial assessment of the compatibility of blockchain technology with the EU General Data Protection Regulation (GDPR) and proposed concrete solutions for organizations wishing to use blockchain technology when implementing data processing activities.

Blockchain 101

Blockchain GDPR Personal data Compliance 101

Data Breach Today

JULY 20, 2021

Security Firm Elliptic Illustrates How Group Was Willing to Reduce Its Demands The blockchain analysis firm Elliptic offers a step-by-step case study, based on its research, of how one victim of the REvil ransomware gang negotiated a lower ransom payment.

Blockchain 190

Blockchain Ransomware Security IT 190

Data Matters

FEBRUARY 14, 2020

Peirce (Commissioner Peirce) gave a speech describing the need for more clarity on application of the securities laws to the offer and sale of blockchain tokens or digital assets. Securities and Exchange Commission (SEC or Commission) Commissioner Hester M.

Blockchain 68

Blockchain Sales Marketing Security 68

IBM Big Data Hub

FEBRUARY 28, 2024

Sourcing teams are automating processes like data analysis as well as supplier relationship management and transaction management. Blockchain Information is an invaluable business asset. Blockchain technology ensures that it’s stored, accessed and shared quickly, accurately and transparently.

Blockchain 105

Blockchain Analytics Artificial Intelligence Big data 105

Security Affairs

SEPTEMBER 17, 2023

According to a report published by blockchain cyber security firm Elliptic, in the past 104 days, the North Korea-linked APT group Lazarus has stolen most of $240 million in crypto assets from multiple businesses, including Atomic Wallet ($100m), CoinsPaid ($37.3M), Alphapo ($60M), and Stake.com ($41M). ” states Elliptic.

Blockchain 121

Blockchain Phishing Security IT 121

KnowBe4

JULY 14, 2023

New insight from blockchain analysis company, Chainalysis, shows that activity involving known ransomware crypto addresses has grown over the last 18 months, despite a downfall of other malicious activity.

Ransomware 88

Ransomware Blockchain 88

WIRED Threat Level

NOVEMBER 13, 2022

Crypto-tracing blockchain analysis may provide an answer. Mysterious crooks took hundreds of millions of dollars from FTX just as it collapsed.

Blockchain 91

Blockchain IT Security 91

Security Affairs

FEBRUARY 3, 2022

Wormhole, one of the most popular bridges that links the Ethereum and Solana blockchains, lost about $325 million in an attack that took place on Wednesday. The attackers exploited a flaw in the protocol to steal 120k wrapped Ether tokens on the Solana blockchain, then they converted 93,750 to Ethereum to sell it.

Blockchain 95

Blockchain Communications Ransomware Cybersecurity 95

Security Affairs

MAY 18, 2021

Researchers from blockchain analysis firm Elliptic estimated that Darkside ransomware gang has made over $90 million from its attacks. Experts from blockchain analysis firm Elliptic estimated that the Darkside ransomware gang has earned over $90 million from ransom payments from its victims since October 2020.

Ransomware 92

Ransomware Blockchain IT Security 92

Security Affairs

JUNE 30, 2022

Recently, threat actors have stolen $100 million in cryptocurrency from the Blockchain company Harmony. Harmony’s Horizon Bridge allows users to transfer their crypto assets from one blockchain to another, the company immediately halted the bridge to prevent further transactions and notified other exchanges. ” concludes the post.

Blockchain 94

Blockchain Cybersecurity Security Access 94

Security Affairs

DECEMBER 17, 2021

In 2021, Phorpiex infections were found in 96 countries, most of the victims are located in Ethiopia, Nigeria and India: Phorpiex crypto-clipper supports more than 30 wallets for different blockchains. We focused only on the most popular blockchains – Bitcoin and Ethereum. ” reads the analysis published by CheckPoint.

Blockchain 98

Blockchain IT Sales Ransomware 98

Schneier on Security

FEBRUARY 17, 2020

This paper describes the flaws in the Voatz Internet voting app: " The Ballot is Busted Before the Blockchain: A Security Analysis of Voatz, the First Internet Voting Application Used in U.S. We performed a clean-room reimplementation of Voatz's server and present an analysis of the election process as visible from the app itself.

Blockchain 131

Blockchain Paper Privacy Security 131

CGI

MAY 13, 2018

To get the most from blockchain in government, a sharing mindset is needed. Twenty-five years later, blockchain is here and can bring those use cases to life. However, blockchain requires organizations to think about their data not as an asset they own, but as a shared resource—a shift in mindset that is not easy for everyone.

Blockchain 40

Blockchain Government Computer and Electronics Mining 40

Security Affairs

NOVEMBER 21, 2022

Unlike other botnets, Gluteba leverages cryptocurrency blockchains as a command-and-control mechanism in an attempt to make it more resilient to takeover. The blockchain is not controlled by any central authority, and each transaction is disseminated to and viewable by any user on the blockchain.”

Blockchain 96

Blockchain IoT IT Access 96

Security Affairs

FEBRUARY 20, 2022

The analysis of the attacker’s walled revealed it contained $1.7 “ Blockchain records show that the attacker was able to transfer numerous NFTs from different users to their address for free. In order to upgrade the smart contract, users have to migrate their listed NFTs from ETH blockchain to a new smart contract.

Blockchain 97

Blockchain Phishing Security IT 97

Security Affairs

SEPTEMBER 5, 2023

4 in what blockchain security analysts have called “suspicious outflows.” FYI: @tayvano_ @zachxbt pic.twitter.com/CSGwRHEiVm — Cyvers Alerts (@CyversAlerts) September 4, 2023 The analysis of the Blockchain data reveals that threat actors performed very large withdrawals from Stake.com contracts into the alleged attacker’s account.

Blockchain 113

Blockchain Security IT Information Security 113

Schneier on Security

MAY 3, 2021

Identifying the person behind Bitcoin Fog serves as an illustrative example of how hard it is to be anonymous online in the face of a competent police investigation: Most remarkable, however, is the IRS’s account of tracking down Sterlingov using the very same sort of blockchain analysis that his own service was meant to defeat.

Blockchain 113

Blockchain IT 113

IBM Big Data Hub

FEBRUARY 19, 2024

It can take many forms, from automated warehouse systems that pick and pack orders, to blockchain-based smart contracts to software that automates purchasing and invoicing processes. Blockchain technologies can increase transparency and traceability in the supply chain, helping to prevent fraud and ensure product authenticity.

Blockchain 88

Blockchain Analytics Artificial Intelligence Marketing 88

IT Governance

MARCH 29, 2022

Then there’s blockchain mining. The blockchain has been touted as a panacea for all sorts of cyber security risks , yet the technology is perhaps most famous in cyber security circles for the way bitcoin has helped cyber criminals launder their ill-gotten gains. Many people argue that the environmental cost of this is a necessary evil.

Blockchain 114

Blockchain Mining Cloud Risk 114

Security Affairs

NOVEMBER 24, 2023

Impacted entities include SAP’s Artifacts management system, two top blockchain companies, and multiple other Fortune-500 companies. ” reads the analysis published by Aqua. Table 2: Exposed registries analysis In some cases, the secrets remained exposed online for up to five years.

Passwords 115

Passwords Blockchain Access Data breaches 115

IBM Big Data Hub

FEBRUARY 13, 2024

Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms. Blockchain-based solutions can be leveraged to build a trusted ecosystem of suppliers and partners. 3 Building a viable and sustainable ecosystem of partners is complex.

Blockchain 86

Blockchain Artificial Intelligence Risk Manufacturing 86

Security Affairs

JUNE 5, 2022

“CertiK analysis reveals that this community manager, account –@BorisVagner (“BorisVagner | SBS” on Discord)– posted a message to BAYC’s Discord server with a phishing link that led to the fake site. ” reads the analysis published by blockchain cybersecurity firm CertiK. .”

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Phishing Blockchain Cybersecurity Authentication 135

Security Affairs

JANUARY 31, 2022

Qubit provides bridging services allowing its users to transfer funds to different blockchains, this means that that the deposits made in one cryptocurrency can be withdrawn in another. ” read the analysis published by CertiK. Qubit Finance operates a bridge between Ethereum and the Binance Smart Chain (BSC) network.

Blockchain 93

Blockchain Ransomware Security IT 93

Krebs on Security

MARCH 7, 2022

One Conti top manager — aptly-named “ Stern ” because he incessantly needled Conti underlings to complete their assigned tasks — was obsessed with the idea of creating his own crypto scheme for cross-platform blockchain applications. “Like Netherium, Polkadot and Binance smart chain, etc.,”

Ransomware 209

Ransomware Mining Blockchain Sales 209

AIIM

SEPTEMBER 16, 2019

That means that you need to understand the elements of a business case and basic financial analysis. Again, I don't expect records managers to be implementing ERM solutions - though I know many who have - but to at least understand the information management implications of, say, blockchain.

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Records Management Blockchain Artificial Intelligence Information governance 135

Security Affairs

OCTOBER 30, 2023

Crypto and blockchain organizations continue to offer the highest average overall payouts for vulnerabilities in their platforms, this year’s top reward was $100,050. Below is the analysis of vulnerability type by industry: How do the company customers measure the ROI of the HackerOne security program?

Blockchain 121

Blockchain Insurance Risk Security 121

Security Affairs

NOVEMBER 6, 2021

” reads a Preliminary Post Mortem analysis published by the company. “A The attackers stole funds in the developer’s personal wallet along with the two private keys that were being used by the bZx platform for its integration with the Polygon and Binance Smart Chain (BSC) blockchains.

Blockchain 120

Blockchain Phishing Access Security 120

Security Affairs

JANUARY 2, 2024

The researchers analyzed blockchain transactions, they discovered a clear link between Black Basta and the Conti Group. “Our analysis suggests that files can be recovered if the plaintext of 64 encrypted bytes is known. Depending on the file size, the ransomware encrypts the initial 5000 bytes.

Ransomware 119

Ransomware Encryption Blockchain Insurance 119

Security Affairs

DECEMBER 1, 2023

The researchers analyzed blockchain transactions, they discovered a clear link between Black Basta and the Conti Group. “Our analysis suggests that Black Basta has received at least $107 million in ransom payments since early 2022, across more than 90 victims. ” reads the Elliptic’s report.

Ransomware 92

Ransomware Blockchain Retail Insurance 92

Security Affairs

FEBRUARY 14, 2023

The websites were proposing discussions related to cryptocurrency and blockchain. ” reads the analysis published by Sucuri. ” continues the analysis. The analysis of the compromised WordPress sites revealed that threat actors have injected backdoor PHP code to achieve traffic redirection and persistence.

CMS 86

CMS Blockchain IT Security 86

AIIM

MAY 21, 2020

Blockchain is one of the most important new technologies that has impacted the business world in the last decade. Along with cloud computing, artificial intelligence (AI), and robotic process automation (RPA), blockchain is transforming business operations and challenging traditional methods the world over.

Blockchain 116

Blockchain Data breaches Artificial Intelligence Government 116

Security Affairs

MAY 21, 2021

Experts from blockchain analysis firm Elliptic estimated that the Darkside ransomware gang has earned over $90 million from ransom payments from its victims since October 2020. “In Some affiliates worked as pentester for some attacks or on corporate breaches. reads the report published by the Elliptic.

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Ransomware Blockchain Security IT 106

Security Affairs

JANUARY 23, 2024

The researchers analyzed blockchain transactions, they discovered a clear link between Black Basta and the Conti Group. Our analysis suggests that files can be recovered if the plaintext of 64 encrypted bytes is known. Depending on the file size, the ransomware encrypts the initial 5000 bytes.

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Encryption Ransomware Blockchain Insurance 122